Fox News Chairman and CEO Roger Ailes told The Hollywood Reporter that Fox News has become so big, the network is really competing with cable sports and entertainment networks like TNT, USA and ESPN, not the ratings-challenged CNN and MSNBC.
That’s because, as SNL Kagan estimates, Fox News will earn $2.18 billion in ad revenue and subscriber fees this year, which is more than what CNN ($1.16 billion) and MSNBC ($509 million) will earn combined. That figure places Fox News in the upper tier of all cable channel earnings.
That’s not to say that Ailes doesn’t keep an eye on his rivals. But as he told the Reporter:
I flip to MSNBC occasionally to make sure their blind pig didn’t find an acorn. But they never have once. I tell you who I do like at MSNBC — I like Joe and Mika. I don’t watch much CNN, they got out of the news business in primetime. But I look to see if they have a good documentary or movie. If they do, I’ll watch that.”
Ailes was interviewed by THR for its “35 Most Powerful People in New York Media 2015” list, where he definitely belongs based on what he has accomplished at Fox.